Under which headings the following transaction appear in
bank reconciliation as on 30.06.03
particulars
Interest debited by bank
Chq issued to suppliers not appearing in bank statement
Chq deposited not appearing in bank statement
Income not accounted in books appearing in bank statement
Calculate the profit/loss on sale of the following assets
as on 30th september 2000
cost of the asset on 01.05.95 50000/-
Salvage Value 5000/-
Method of depriciation & date WDV 15%
sales of asset on 30.09.2000 Rs 25000/-
a) what are the rate of employees & company's contribution
for PF & ESIC?
b) what is the ceiling in case of ESI deductions?
c) what are the due dates for paying ESI/PF
Compute the following selling price for the follwing item:
Basic cost
CST @ 4% on basic cost
freight & insurance Rs 200/-
Margin @ 15% on selling price
What is the differance between vat and tds d-vat and can we
take benefit from it.
for example
if we sells to some one the entry is
Dr. ram A/c 10000
Cr. Sales@4% 9600
Cr. Output vat@4% 400
now we received the cheque agst. sell
the entry is
Dr, Bank A/c 9573
Dr. Tds d-vat Receivable A/c 200
Dr. Tds Income Tax A/c 227
Cr. Ram A/c 10000
now If We recd. the Tds D-vat Certificate from our Debtor
(Ram)
What is the entry.....??????
and how can we get the benefit of it...???
i have completed my MBA with finace background. am
intrested to learn oracle finace.can you suggest me which
are good instittues in hyderabad.at area wise.
39
What is the analytical way of accounting?
63
Data for two divisions of Alpha Biotech Ltd. Are given
below. Analyze both divisions.
Parameters Division X Division Y
Rs. Rs.
Capital Employed 50,00,000 50,00,000
Sales 30,00,000 28,00,000
Cost of Goods Sold 21,00,000 18,00,000
Profit Before Tax 9,00,000 10,00,000
Tax 2,70,000 3,00,000
Profit After Tax 6,30,000 7,00,000
Data for two divisions of Alpha Biotech Ltd. Are given
below. Analyze both divisions.
Parameters Division X Division Y
Rs. Rs.
Capital Employed 50,00,000 50,00,000
Sales 30,00,000 28,00,000
Cost of Goods Sold 21,00,000 18,00,000
Profit Before Tax 9,00,000 10,00,000
Tax 2,70,000 3,00,000
Profit After Tax 6,30,000 7,00,000
Data for two divisions of Alpha Biotech Ltd. Are given
below. Analyze both divisions.
Parameters Division X Division Y
Rs. Rs.
Capital Employed 50,00,000 50,00,000
Sales 30,00,000 28,00,000
Cost of Goods Sold 21,00,000 18,00,000
Profit Before Tax 9,00,000 10,00,000
Tax 2,70,000 3,00,000
Profit After Tax 6,30,000 7,00,000
Data for two divisions of Alpha Biotech Ltd. Are given
below. Analyze both divisions.
Parameters Division X Division Y
Rs. Rs.
Capital Employed 50,00,000 50,00,000
Sales 30,00,000 28,00,000
Cost of Goods Sold 21,00,000 18,00,000
Profit Before Tax 9,00,000 10,00,000
Tax 2,70,000 3,00,000
Profit After Tax 6,30,000 7,00,000
33
Compute the sales tax amount on the following transactions:
MRP rs 1000/-
Sales Tax is 10%
cess on sales tax is 5%
Turnover tax is 1% on net turnover
33
In the case of bank fixed deposits,t.d.s. u/s194A ,is to be
deducted whether on the basis of person ,as a person earns
50000 interest on 1 fd or on fixed deposit scheme as 10fds
earn 200000 interest?
37
what is the procedure of filing IT Returns.which form i
have to fill and what i have to take with me at the time of
filing IT Returns.
65
Why the closing stock will not appear in the Trial Balance?
58
what is the cost and financial accounting?
what is double entry system ?
39
is hospital is not liable to pay tax on income
is hospital is not bound to file sales tax, cst return,
is hospital not liable to pay service tax on the room
charges they take,
82
what are the important steps to take during the conversion
of an accounting system.
72
This is the WONDERFUL site I have ever seen.
Sorry that I have selected the irrelevant category.
But my question is whether I can get the right answers in
this site ID for the interview questions available in this
ID. If so please guide the navigation
56
what are the point to see when calculating the Company
Profit / Loss
24
Queries for Big4 Articleship : Procedure of application and
selection? ( Resume, Cut off ? Rank, Contacts needed,
Exams, Interviews, General Questions ? Personality traits,
Special Knowledge etc.)